535.57—How shall the fellowship recipient account for the obligation?

(a) Within six months of the date a fellowship recipient meets the criteria in § 535.50(b)(1) or (2), the fellowship recipient shall submit to the Secretary one of the following items:
(1) A description of the activity in which the fellowship recipient is employed.
(2) Repayment required under §§ 535.51 and 535.52.
(3) A request to repay the obligation in installments.
(4) A request for a deferment or waiver as described in §§ 535.54 and 535.56 accompanied by a statetment of justification.
(b) A fellowship recipient who submits a description of employment under paragraph (a)(1) of this section shall notify the Secretary on a yearly basis of the period of time during the preceding year that the fellowship recipient was employed in the activity.
(c) A fellowship recipient shall inform the Secretary of any change in employment status.
(d) A fellowship recipient shall inform the Secretary of any change of address.
(e) (1) A fellowship recipient's failure to timely satisfy the requirements in paragraphs (b) through (d) of this section results in the fellowship recipient being in non-compliance or default status subject to collection action.
(2) Interest and costs of collection may be collected in accordance with 31 U.S.C. 3717 and 34 CFR part 30.
(Approved by the Office of Management and Budget under control number 1885-0001)

Code of Federal Regulations

(Authority: 20 U.S.C. 7475(b) )